730 Tropical Gardens Road

Description

Income earning property with room to grow! This is a rare opportunity to own an income earning six-plex in the coveted western end of New Providence. The property itself has almost half an acre of additional undeveloped yard space, enough to build your own residence or perhaps a pool and outside recreation area, and maybe another six units at least! The existing 6 units are 1,341 square feet each, and comprise of an open and airy living, dining area and a solid wood kitchen featuring a pantry! There is a separate laundry room and storage on the ground floor as well as a convenient powder room, and 2 bedrooms with en suite bathrooms on the upper floor. The upper floor has a small, usable balcony, and the downstairs features both a front and rear porch. Some units are furnished, and will be sold with the furniture. Located between the airport and the beach, this property would make an excellent short term rental property! It currently makes a tidy income as is, to long term tenants at $2,500 per month. ($180,000 per annum) Tropical Gardens is in a well known \'tourist\' area near the airport and a short distance to a beautiful beach, restaurants, shopping and more, this complex is complete with electric gates and security lights and cameras. What are you waiting for?